In 2017, the global sales value of electronic cigarettes reached USD 12,054 million, increasing by 18.50% YOY; the global sales value of heat-not-burn electronic cigarettes reached USD 5,003 million, increasing by 135.60%. The U.S. and the U.K., the largest markets of electronic cigarettes, took up market shares of 39.28% and 14.40% respectively in 2017. The U.S. has been the world’s largest market of electronic cigarettes in recent years, with sales value reaching USD 4,734 million and electronic cigarette consumers accounting for nearly 30% of the national smokers in 2017. According…

Wine is an alcoholic beverage with the alcohol by volume ranging from 10% to 15% typically made from fermented juice obtained and extracted by squeezing and crushing various types of grapes. It is produced by fermenting crushed grapes with various types of yeast. Yeast consumes sugars in the grapes and converts them into alcohol. Wine is usually made using various types of grapes, including Pinot Noir, Chardonnay, Cabernet Sauvignon, Gamay, and Merlot. In the past two decades, with the rapid economic growth and the increasing disposable income in China,…

Market Size of E-cigarette in Global Market E-cigarette has emerged as an innovated electronic consumer product with the continuous growth of market acceptance. The global e-cigarette market is currently in the growth stage of development. According to Frost & Sullivan, the global e-cigarette market in terms of retail revenue grew from USD 5.1 billion in 2011 to USD 17.7 billion in 2016, at a CAGR of 28.5%. It is expected to grow at a CAGR of 25.5% from 2017 to 2021 and to reach USD 60.9 billion in 2021. The…

According to CRI’s information from the Vietnamese government, the export volume of Vietnamese coffee was about 1.42 million tons in 2017. The export value reached USD 3.21 billion. Germany and the U.S. are the first two major export destinations of Vietnamese coffee. Many years ago, Major agricultural exports from Vietnam were rice, rubber, etc. In recent years, however, traditional products such as rice have been overshadowed by coffee with the rapid increase of coffee export. Coffee planting industry in Vietnam started 150 years ago, with coffee trees introduced by French…

Overview of the PRC instant noodle market The PRC instant noodle market is the largest instant noodle market in the world. Nevertheless, due to certain negative incidents in relation to food safety, increasing popularization of online food take-out platforms and the general increase in product prices, the growth rate of the retail sales value of the PRC instant noodle market decreased by 7.0% and 0.8% in 2015 and 2016, respectively. Overall, the retail sales value of the PRC instant noodle market increased from approximately CNY80.0 billion in 2012 to approximately…

In recent years, China’s seafood and algae industries have experienced rapid development with the types of products being increasingly diversified and the industry chain being gradually extended. The retail sales value of China’s seafood and algae grew at a CAGR of 8.2%, from approximately CNY 219.6 billion in 2011 to approximately CNY 325.8 billion in 2016, of which (i) approximately 52.0% were attributable to frozen seafood; (ii) approximately 12.7% to dried seafood; (iii) approximately 10.7% to algae; (iv) approximately 4.9% to seafood snacks; and (v) the remaining proportion of 19.7%…

Urea has a wide range of applications. Its main use in agricultural applications is to act as an effective neutral nitrogen fertilizer. Industrial uses of urea are rapidly growing owing to its wide applications, as raw materials for the synthesis of polymers are necessary for producing formaldehyde resin, which is then used to manufacture plastics, coatings and adhesives. Urea can also be used in cosmetics as a moisturizer and it is a common ingredient in skin care and personal care products, such as face cream, shampoo, hair conditioner and hand…

Meat food market is currently in a decentralized model of competition due to the low concentration ratio in the market. It is estimated by Ministry of Agriculture of the PRC that meat food demand will reach 100 million tons in 2020, while the production volume can only realize 90 million tons, leaving a gap of 10 million tons to be bridged by import. Future competition pattern of beef market: a beef market competition pattern centered in Henan, Shandong, Hebei, Inner Mongolia, Liaoning, Jilin, Xinjiang, Sichuan and Yunnan will emerge in…

Structure of China’s Imported Beef by Country Australia, Uruguay and New Zealand are the top three in import origins of beef in China. There are more imports from Australia and New Zealand because China signed “New Free Trade Agreement” with New Zealand and signed “Free Trade Agreement” with Australia. According to “New Free Trade Agreement”, from the beginning of 2016, the tax rate of beef and its products imported from New Zealand and Australia would be reduced to zero; according to the latest “Free Trade Agreement”, tariffs on imported Australian…

In 2016, the PRRS positive rate was high in China: Henan had the highest positive rate hitting 70% and was followed by Hunan and Hubei, 66% and 65% respectively. Guangdong had the lowest rate nearly 50%. The PRRS was popular throughout China and this detection covered many areas in East China and South China. Large-scale farms are sensitive and active in epidemic prevention due to high stocking density and fast epidemic spreading. They become the major demand sides in the PRRS market since they concern the effect and are not…

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